Home equity loans are often attractive because - o they increase your equity, or ownership, in your home. o they free up a bunch of fun money you can spend how you wish o they offer tax benefits they increase the risk of losing your home

Home equity loans are often attractive because - o they increase your equity, or ownership, in your home. o they free up a bunch of fun money you can spend how you wish o they offer tax benefits they increase the risk of losing your home

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter3: Your Role As A Consumer

Section3.1: Consumption, Income, And Decision Making

Problem 2R

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Home equity loans are often attractive because --
o they increase your equity, or ownership, in your home.
o they free up a bunch of fun money you can spend how you wish
they offer tax benefits
o they increase the risk of losing your home

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